Apiax sets new IT security standards with Futurae

The two RegTech and FinTech startups Apiax and Futurae have announced to collaborate. Through this cooperation, Apiax increases the IT security of its financial regulations platform.

The two technology companies Apiax and Futurae have agreed to collaborate. Apiax empowers clients to work with easy-to-use digital regulatory rules and master complex financial regulations digitally.

With the Futurae integration, Apiax will be offering its platform users an authentication solution that fulfills the highest security requirements while also providing unparalleled user-friendliness.

Futurae offers a comprehensive, innovative authentication portfolio. Its core product is “SoundProof”, a two-factor authentication solution that works without user interaction. The technology uses a machine learning algorithm to securely authenticate the user via ambient noise and context information.

“With Apiax, we not only gain a new customer, but also strengthen the Swiss FinTech and RegTech ecosystem with two complementary high qualitative technologies,” says Sandra Tobler, CEO of Futurae. “In addition to the high level of security, the simple and fast technical integration was the reason for our cooperation with Futurae,” commented Thomas Suter, CTO and co-founder of Apiax.